Brokers' or agency services

Clients

Contracts and place of supply

Allocated goods

Brokers' or agency services

Categories of contracts

Commodity loans

Contracts for differences

Forward contracts

Futures

Generally

Options

Physicals/actuals

Swaps, physical/financial

Unallocated goods

Derivatives

Financial futures and options and other intangibles

Freight derivatives

Generally

LIFFE

Other markets and situations

Generally

Market members

Brokers

Clearing members

Generally

Market-makers and dealers

Markets

Non-market members

Brokers

Registration

Options

Products

Terminal markets

Data-gathering powers: relevant data-holder

Generally

Zero-rating

Unallocated goods

Zero-rating and the Black Box